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re: Crazy Bernie Educating us About Capitalism
Posted on 5/24/18 at 5:05 pm to HeyHeyHogsAllTheWay
Posted on 5/24/18 at 5:05 pm to HeyHeyHogsAllTheWay
quote:
Now, that's all legal mind you, but that isn't right.
They paid the income out as a bonus.
If my company makes $100. And the decides to pay me that $100 in a type of compensation... how much profit is there for federal taxation on my company?
Compensation isn't "capitalism be damned".
The Atlanta Braves were purchased with a stock option swap to save on taxes. You make it sound so devious. Compensation is compensation. And it offsets income on the books.
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